$ABCP
AmBase Corp

2021 Q3 Form 10-Q Financial Statement

#000114036121027753 Filed on August 10, 2021

View on sec.gov

Income Statement

Concept 2021 Q3 2021 Q2 2020 Q2
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $1.243M $1.222M $940.0K
YoY Change -16.13% 30.0% -56.26%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $1.264M $1.234M $967.0K
YoY Change -15.39% 27.61% -55.38%
Operating Profit -$1.264M -$1.234M -$967.0K
YoY Change -15.39% 27.61% -55.38%
Interest Expense $0.00 $0.00 $4.000K
YoY Change -100.0% -100.0%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$1.264M -$1.234M -$963.0K
YoY Change -15.34% 28.14% -55.17%
Income Tax $0.00 $0.00 $1.000K
% Of Pretax Income
Net Earnings -$1.264M -$1.234M -$964.0K
YoY Change -13.6% 28.01% -55.14%
Net Earnings / Revenue
Basic Earnings Per Share -$0.03 -$0.03 -$0.02
Diluted Earnings Per Share -$31.03K -$30.29K -$23.66K
COMMON SHARES
Basic Shares Outstanding 40.74M 40.74M 40.74M
Diluted Shares Outstanding

Balance Sheet

Concept 2021 Q3 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.043M $5.193M $5.846M
YoY Change -59.1% -11.17% 22.63%
Cash & Equivalents $4.043M $5.193M $5.846M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $4.043M $5.193M $5.846M
YoY Change -59.1% -11.17% 22.63%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00
YoY Change -100.0%
Total Long-Term Assets $120.0K $0.00 $5.370M
YoY Change 84.62% -100.0% -50.0%
TOTAL ASSETS
Total Short-Term Assets $4.043M $5.193M $5.846M
Total Long-Term Assets $120.0K $0.00 $5.370M
Total Assets $4.163M $5.193M $11.22M
YoY Change -58.17% -53.7% -27.68%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $689.0K $455.0K $387.0K
YoY Change 17.78% 17.57% 2.38%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $689.0K $455.0K $387.0K
YoY Change 17.78% 17.57% 2.38%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $0.00
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $689.0K $455.0K $387.0K
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $689.0K $455.0K $387.0K
YoY Change 17.78% 17.57% 2.38%
SHAREHOLDERS EQUITY
Retained Earnings -$532.8M
YoY Change 0.81%
Common Stock $548.8M
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $5.168M $5.168M
YoY Change 0.0% 0.0%
Treasury Stock Shares $5.672M $5.672M
Shareholders Equity $3.474M $4.738M $10.83M
YoY Change
Total Liabilities & Shareholders Equity $4.163M $5.193M $11.22M
YoY Change -58.17% -53.7% -27.68%

Cashflow Statement

Concept 2021 Q3 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income -$1.264M -$1.234M -$964.0K
YoY Change -13.6% 28.01% -55.14%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$1.150M -$1.354M -$1.269M
YoY Change -128.47% 6.7% -41.79%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000
YoY Change -100.0%
NET CHANGE
Cash From Operating Activities -1.150M -1.354M -1.269M
Cash From Investing Activities
Cash From Financing Activities 0.000
Net Change In Cash -1.150M -1.354M -1.269M
YoY Change -128.47% 6.7% -78.32%
FREE CASH FLOW
Cash From Operating Activities -$1.150M -$1.354M -$1.269M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2021
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2021-06-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
1-7265
dei Entity Registrant Name
EntityRegistrantName
AMBASE CORPORATION
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Shell Company
EntityShellCompany
false
CY2021Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
40737751
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Central Index Key
EntityCentralIndexKey
0000020639
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
95-2962743
dei Entity Address Address Line1
EntityAddressAddressLine1
7857 WEST SAMPLE ROAD, SUITE 134
dei Entity Address City Or Town
EntityAddressCityOrTown
CORAL SPRINGS
dei Entity Address State Or Province
EntityAddressStateOrProvince
FL
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
33065
dei City Area Code
CityAreaCode
201
dei Local Phone Number
LocalPhoneNumber
265-0169
dei Entity Filer Category
EntityFilerCategory
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dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2021Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2020Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2020Q2 us-gaap Net Income Loss
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CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0
us-gaap Income Tax Expense Benefit
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1000
CY2020Q2 us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
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CY2021Q2 us-gaap Treasury Stock Shares
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CY2020Q4 us-gaap Treasury Stock Value
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CY2021Q2 us-gaap Treasury Stock Value
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CY2020Q2 us-gaap Stockholders Equity
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us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
0
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-5371000
abcp Deferred Tax Asset Reclassified To Federal Income Tax Receivable
DeferredTaxAssetReclassifiedToFederalIncomeTaxReceivable
0
abcp Deferred Tax Asset Reclassified To Federal Income Tax Receivable
DeferredTaxAssetReclassifiedToFederalIncomeTaxReceivable
5370000
CY2014Q1 abcp Subordinated Participation Interest To Ceo
SubordinatedParticipationInterestToCeo
0.10

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